Commodity Prices

Gold •296 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	972.90	-7.40	-0.75%
WTI Crude •2 hours	63.02	+0.23	+0.37%
Gasoline •2 hours	2.119	+0.013	+0.63%
Ethanol •296 days	2.161	+0.000	+0.00%
Silver •296 days	30.82	+1.16	+3.92%

Silver • 296 days	30.82	+1.16	+3.92%
Copper • 296 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	66.87	+0.32	+0.48%
Natural Gas • 2 hours	2.937	+0.007	+0.24%
Heating Oil • 2 hours	2.167	+0.024	+1.10%

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USD/JPY - Monitoring 105.00

By - Oct 27, 2016, 7:05 AM CDT

USD/JPY is trading mixed but the pair remains within an uptrend channel. A break of hourly support at 102.81 (10/10/2016 low) is unlikely at the moment. Key support can be found at 100.09 (27/09/2016). Hourly resistance is implied by the upper bound of the uptrend channel around 105. Expected to see further bounce within uptrend channel.

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

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